The Electricity Company of Ghana (ECG) has reiterated its commitment to strict adherence to the Cash Waterfall Mechanism as part of efforts to ensure a stable and uninterrupted electricity supply nationwide. Mr Kwame KpekpenaMr Kwame Kpekpena, Acting Managing Director of ECG, described the Cash Waterfall Mechanism as a transparent and equitable revenue distribution system designed...
Author: Energy Crossroad (Energy Crossroad)
Post
Post
GHEITI Urges Government to Ring-Fence Oil Revenues
GHEITI urges government to ring-fence oil revenues for Big Push infrastructure, warning that diversion and co-mingling of funds will undermine transparency, accountability, and the visible impact of petroleum-funded projects. The Multi-Stakeholder Group of the Ghana Extractive Industries Transparency Initiative (GHEITI) has urged the government to strictly ring-fence oil revenues earmarked for the proposed “Big Push”...
Post
PHDC Board Backs Management’s Push to Start On-Site Work in 2026
The Governing Board of the Petroleum Hub Development Corporation (PHDC) has declared its overwhelming support for the management and expressed readiness to approve any activity or decision that will enable the team achieve its goal of commencing on-site activities this year.Speaking at the end of a three-day board retreat on Thursday, February 5, 2026, Board...
Post
ACEP Roundtable Examines Chinese Lending and Implications for Ghana’s Debt Sustainability
ACEP convened a roundtable bringing together development partners, industry players from the banking sector, academia, and government institutions to examine Chinese lending strategy and their implications on Ghana’s debt sustainability. Through open, evidence-based dialogue, stakeholders shared perspectives on the impact of Chinese lending on debt sustainability as well as the role of African agency in...
Post
Edo, NNPC seal deal on 10,000bpd condensate refinery
Edo State Government and the Nigerian National Petroleum Company (NNPC) Limited have concluded plans to establish a 10,000 barrels-per-day condensate refinery in the State in a move expected to deepen industrial activity and strengthen energy supply in the South-South region.The refinery, to be located across Oredo and Orhionmwon Local Government areas, is projected for completion...
Post
Report of Energy Commission staff demanding termination of Ag. Executive Secretary appointment is false, baseless – PSWU of TUC
Source: Joy Business The leadership of the Energy Commission Division (PSWU) of the Trades Union Congress (TUC) has dismissed with grave concern a report circulating in the media alleging that the staff of the Energy Commission are demanding the termination of the appointment of the Acting Executive Secretary, Ing. Eunice Biritwum. In a statement signed...
Post
NPA Chief Executive Touts Authority’s Disciplined Regulatory Regime at 2026 Nigeria International Energy Summit
The Chief Executive of the National Petroleum Authority (NPA) Mr. Godwin Kudzo Tameklo Esq., has touted the Authority’s disciplined regulatory regime of the country’s downstream petroleum industry.He said the disciplined regulation, fair pricing and firm oversight by the NPA are shaping a market that works for investors, operators, and consumers alike. Mr. Tameklo was speaking...
Post
How Africa Loses Over $120bn a Year to Hydrocarbon Imports
Africa spends more than $120 billion annually on hydrocarbons, a scale of capital outflow that continues to deprive the continent of investment needed for industrial growth, Nigeria’s Minister of State for Petroleum Resources, Senator Heineken Lokpobiri, has said. Speaking in Abuja during the opening session of the ongoing Nigeria International Energy Summit, Lokpobiri said the...
Post
SPE International Board Engages JOGMEC, Reviews Strategy at Q1 2026 Meeting in Japan
The Society of Petroleum Engineers (SPE) International Board has paid a courtesy call on the Japan Organization for Metals and Energy Security (JOGMEC) during its first-quarter 2026 Board meeting held in Japan. During the visit, JOGMEC, a major institution in Japan’s energy sector, delivered a high-level briefing to the Board on its mandate, operations and...
Post
StarOil Adjusts Discounted Petrol Price Following NPA Price Floor Review
StarOil Ghana has adjusted the discounted ex-pump price of its Super petrol at selected outlets from GH¢9.97 to GH¢9.99 per litre, following a revision of the national price floor by the National Petroleum Authority (NPA). For the current pricing window spanning 1–15 February 2026, the NPA raised the ex-pump price floor for petrol from GH¢9.80...